BRIDGEPORT, CT - JULY 22, 2017
People's The People’s United Community Foundation, the philanthropic arm of People’s United Bank, announced that it has awarded $771,200 during its second grant cycle of 2017 to nonprofit organizations throughout the communities it serves in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.
One hundred forty organizations received funding in support of activities that ranged from basic needs services and affordable housing initiatives to education, workforce development and life skills training programs. The funding was distributed within the foundation’s three areas of focus, with 44 percent allocated to community development, 36 percent to youth development, and 20 percent to affordable housing initiatives.
“People’s United Community Foundation is pleased to continue its support of the many nonprofit organizations throughout our footprint that are working to improve neighborhoods and the quality of life for residents in the communities we serve,” said Karen Galbo, Executive Director of the foundation.
For a detailed list of organizations that People’s United Community Foundation supported during the second grant cycle of 2017, visit www.pucf.org.
Established in 2007, People’s United Community Foundation was formed to help support programs and activities that enhance the quality of life for citizens in the communities that People’s United Bank serves. People's United Bank is a subsidiary of People's United Financial, Inc., a diversified financial services company with over $40 billion in assets. People’s United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of nearly 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.